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Joseph Penso de la Vega & His 323 Year Old Trading Lessons



November 11, 2011 – Comments (0)

I found these rules of trading dating back to 1688 by a guy named Joseph de la Vega.
 His rules for trading is still, very applicable to today's trading environment - heck, probably more relevant than ever before. Enjoy....

Penso presented the history of speculation in stocks and acquainted the reader with the sophisticatedfinancialinstruments used. The dialogue format allowed the reader to understand the respective perspectives of the various market participants and the intricacies of speculation and trading.

Penso also came up with four basic rules of the share market that are still of the greatest relevance today:

Here are his complete list of trading rules

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